298
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L'OREAL GROUP
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ESTÉE LAUDER COMPANIES
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ESTÉE LAUDER - BRAND
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CLINIQUE
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TOMMY HILFIGER
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AESOP
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Senior Manager, Indirect Sourcing
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L'OREAL GROUP
Group Product Manager
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ADIDAS
Senior Manager, Materials Availability Management
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L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
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PUMA
Manager Innovation Technical Apparel
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DR. MARTENS
Head of Financial Accounting, Apac
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TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
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A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
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KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters API
Published
Aug 30, 2017
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M&S in talks to transfer Hong Kong and Macau stores to franchise partner

By
Reuters API
Published
Aug 30, 2017

Marks & Spencer has opened talks to sell its wholly owned Hong Kong and Macau stores to franchise partner Al-Futtaim, the British company said on Wednesday.




The food and clothing retailer said it has begun talks on the potential sale of the stores, which Al-Futtaim would continue to operate under the M&S franchise. The talks are expected to take several months to complete.

The move follows a strategic review by M&S last November, in which the company laid out plans to shut more than 80 stores at home and abroad as well as seek joint ventures and franchise partnerships to operate in fewer wholly-owned markets.

The Hong Kong and Macau stores would continue to trade as normal, the company said on its website.

Al-Futtaim has worked in partnership with M&S since 1998 and today operates 43 M&S stores across seven markets in the Middle East, Singapore and Malaysia.

 

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